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AAP
AAP
Business
Tom Wark

'Industrial-scale misconduct' in $667m super scandal

ASIC Sarah Court SHIELD
A financial planning giant faces legal action over advice to invest in funds now in liquidation. (James Ross/AAP PHOTOS)

A company accused of overseeing thousands of Australians being exposed to dodgy super funds says it will vigorously defend a lawsuit against the financial watchdog.

InterPrac is accused of failing to ensure representatives they authorised were complying with the law when they recommended 6843 clients invest around $677 million in two now-collapsed funds.

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